ARC Advisory Group’s latest market size and forecast research on industrial/OT network security solutions reveals that digital transformation initiatives are changing industrial/OT security requirements. Digital transformation initiatives create new cyber risks with cloud connections, expanded use of new sensors, and increases in mobile devices. Isolation is no longer a viable strategy for protecting legacy, insecure-by-design assets. Companies need new networking solutions that can support more granular policies and the isolation of individual assets. The impact of sophisticated attacks and ransomware can only be contained when defenders can rapidly block lateral movement within systems.
"The increase in industrial cyber incidents has raised awareness within governments around the world of the importance of ensuring that industrial operations are properly protected. This has spawned a surge in cybersecurity regulatory actions that include mandatory security requirements and stringent compliance reporting. This will drive increased demand for all industrial/OT cybersecurity solutions that can help companies collect security information and ease report preparation", according to Sid Snitkin, Vice President and key author of ARC's Industrial Cybersecurity Network Security Solutions Market Research.
Cybersecurity Network Security Market Trends
The research also addresses key market trends as follows:
- Industrial DPI Firewalls
- NGFW with ICS DPI
- Industrial NGFW
Leading Suppliers to the Cybersecurity Network Security Market Identified
In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: Belden, Check Point, Cisco, Fortinet, Moxa, Palo Alto Networks, Phoenix Contact.
About the Cybersecurity Network Security Research
The Industrial/OT Cybersecurity Network Security Solutions research explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, five-year market forecasts, and five years of historical analysis. The research segmentation includes Industry, World Region, Application, Industry Segment.
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